The SkyTEM targets fit in well with the company’s volcanogenic massive sulphide (VMS) exploration model supported by soil geochemistry and underlying structures.
Walkabout chairman Trevor Benson said: “We are assembling a portfolio of highly prospective exploration licences for gold and base metals in a part of Europe that has seen significant under-prospecting for decades.
“While European exploration environments are somewhat different to those in Africa and require extensive community engagement, Walkabout believes that potential value upside for all stakeholders is achievable and will strive to introduce our unique brand of inclusive, community integrated mineral exploration.”
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Of the numerous targets identified through the geophysical survey and the subsequent “thinning” exercise, four of the VMS targets were recommended for high priority modelling.
Drill hole positions have been planned based on the results of the plate modelling, their proximity to geochemical soil anomalies, proximity to favourable structural trends as well as previously reported high-grade base and precious metal occurrences in the area.
Drill collar positions still need to be verified and general planning permissions obtained to enable Walkabout to proceed with the drilling campaign.
This involves various governmental departments, local councils and landowners.